Knowles Co. (NYSE:KN – Get Free Report) Director Keith Barnes sold 6,725 shares of the company’s stock in a transaction on Monday, September 30th. The stock was sold at an average price of $17.88, for a total transaction of $120,243.00. Following the completion of the sale, the director now owns 86,192 shares of the company’s stock, valued at $1,541,112.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Knowles Trading Up 2.2 %
NYSE:KN opened at $17.68 on Thursday. The company has a quick ratio of 1.30, a current ratio of 2.36 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $17.59 and its 200-day moving average is $17.15. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 20.09 and a beta of 1.42. Knowles Co. has a 12 month low of $12.78 and a 12 month high of $19.73.
Knowles (NYSE:KN – Get Free Report) last released its earnings results on Wednesday, July 31st. The communications equipment provider reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.16). The firm had revenue of $204.70 million for the quarter. Knowles had a positive return on equity of 5.39% and a negative net margin of 24.36%.
Institutional Trading of Knowles
Analysts Set New Price Targets
Separately, Susquehanna upped their price target on Knowles from $15.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 17th.
Check Out Our Latest Stock Report on KN
Knowles Company Profile
Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).
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